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2024-05-09 03:55:36

Protecting Global Free Trade in the Face of US Nationalism on Nostr: IMF Official Warns of Dire Consequences of China-West Divide on Global Economy ...

IMF Official Warns of Dire Consequences of China-West Divide on Global Economy
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#226688e6 ver:0.15

The IMF warns that the China-West divide could have dire consequences for the global economy. Growing fragmentation threatens trade cooperation and global growth. The cost could range from 0.2% to 7% of world GDP. To mitigate the impact, diversify commodity supply and invest in critical mineral recycling. Preserve gains from open trade and develop digital trade infrastructure. #China #WestDivide #GlobalEconomy #TradeCooperation...

#newstr #Imf #GlobalEconomy #TradeFragmentation #EconomicIntegration #ForeignDirectInvestment #GeopoliticalLines

https://here.news/story/226688e6?ver=0.15
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